Import Export Code or IE Code is required for undertaking import of export transactions and availing benefits under schemes like SEIS or MEIS. GMTrix® offers IE Code registration Starting At: Rs. 4999.00 + Govt. Fees.
Eligibility
All entities in India involved in the import or export of goods/services from India would be required to obtain IE Code from the Director General of Foreign Trade.
Import Export Code
IEC registration is required by a person for exporting or importing goods. It is a 10 digit code which is issued by the Directorate General of Foreign Trade (DGFT). All businesses which are engaged in Import and Export of goods require registering Import Export Code. IE code has lifetime validity. Importers are not allowed to proceed without this code and exporters can’t take benefit of exports from DGFT, customs, Export Promotion Council, if they don’t have this code.
The IE Code must be quoted by importers while clearing customs. Also, banks require the importers IE Code while sending money abroad. For exporters, IE Code must be quoted while sending shipments. And banks require the exporters IE Code while receiving money from abroad. IMPORT AND EXPORT CODE Registration can be done through GMTrix®(IEC CODE AGENT) in all Indian cities.